In search of the perfect system: Interview Jack Schwager
Jack Schwager, self-confessed skeptic and diligent debunker of "new and improved" commodity trading
systems, is director of both research and managed trading for PaineWebber and is a not-too-recent
convert to the ways of technical analysis.
Fifteen years ago, as an economics major fresh out of graduate school, Schwager began his career as a
research analyst at Reynolds Securities with no previous experience with commodities. "But I wasn't into
the job for more than a week," he says, "when I realized this was something interesting and something I'd
like to make a career out of."